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07 May 2002 MIT Forum for Supply Chain Innovation Today’s discussion UNCERTAINTY U n c e r t a i n t y……. Lack of rule-based resolution: expectation vs result Financial Impact Cost of Correction Side Effects U n c e r t a i n t y……. Financial Impact Opportunity lost: unable to ramp up Economic loss: unable to ramp down U n c e r t a i n t y……. Cost of Correction Resources Inventory U n c e r t a i n t y……. Side Effects (undesirable) Tackle only symptoms Negative fall out EBM in SCM offers little ADAPTABILITY to SENSE and RES
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